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Accumulated Other Comprehensive Loss
 6 Months Ended
Dec. 28, 2017
Equity [Abstract]  
Accumulated Other Comprehensive Loss

Note 10 – Accumulated Other Comprehensive Loss

The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the twenty-six weeks ended December 28, 2017 and December 29, 2016. These changes are all related to our defined benefit pension plan.

 

Changes to AOCL(a)

    For the Twenty-six Weeks Ended  
   December 28,
2017		      December 29,
2016		  

Balance at beginning of period

    $ (4,404 )     $ (6,425 ) 

Other comprehensive income before reclassifications

      —          —    

Amounts reclassified from accumulated other comprehensive loss

      560        661  

Tax effect

      (219 )       (251 ) 
  

 

 

     

 

 

  

Net current-period other comprehensive income

      341        410  
  

 

 

     

 

 

  

Balance at end of period

    $ (4,063 )     $ (6,015 ) 
  

 

 

     

 

 

  

 

(a) Amounts in parenthesis indicate debits/expense.

 

The reclassifications out of AOCL for the quarter and twenty-six weeks ended December 28, 2017 and December 29, 2016 were as follows:

 

    

 

For the Quarter Ended

    

 

For the Twenty-six Weeks Ended

     Affected line
item in
the Consolidated
Statements of
Comprehensive
Income		  

Reclassifications from AOCL to earnings(b)

    December 28,
2017		     December 29,
2016		     December 28,
2017		     December 29,
2016		    

Amortization of defined benefit pension items:

           

Unrecognized prior service cost

    $ (240 )    $ (240 )    $ (479 )    $ (479 )      Other expense  

Unrecognized net loss

      (41 )      (91 )      (81 )      (182 )      Other expense  
  

 

 

    

 

 

    

 

 

    

 

 

    

Total before tax

      (281 )      (331 )      (560 )      (661 )   

Tax effect

      111       126       219       251       Income tax expense  
  

 

 

    

 

 

    

 

 

    

 

 

    

Amortization of defined pension items, net of tax

    $ (170 )    $ (205 )    $ (341 )    $ (410 )   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

(b) Amounts in parenthesis indicate debits to expense. See Note 9 – “Retirement Plan” above for additional details.